According to the terms of this credit agreement, the OPEC Fund for International Development provides budget support to the Kyrgyz Republic. The main objective of these funds is to assist in the socio-economic development of the country. The loan of 30 million dollars will be used to ensure sustainable and equitable energy supply, improve social services, enhance climate resilience, as well as strengthen financial stability and create a more favorable business environment. The loan term is 20 years, including a 5-year grace period with an interest rate of 1.25%.
